Posts Tagged ‘parking requirements’
Houston and the Free Market
Tory Gattis had a great post on Monday in which he reviewed some news from late ’08. Two major highlights: 1. A comprehensive study by the Brookings Institution found that congestion pricing of freeways “would reduce housing costs and sprawl. It eliminates the subsidy for living farther out, which drives up demand and density in [...]
The value of transit
Today I wanted to take a few minutes to talk through the effect that transit has on cities, and to illustrate one of the least appreciated aspects of the car-only infrastructure system. When land prices are high, there are only two ways to develop that land profitably: you can either charge extremely high rent/sale price, [...]